face-saving Maintaining a positive public self-image in the minds of others. In conflict use face-saving strategies to allow your opponent to save face; avoid beltlining, or hitting your opponent with attacks that he or she will have difficulty absorbing and will resent.
fact–inference confusion A misevaluation in which a person makes an inference, regards it as a fact, and acts upon it as if it were a fact. Distinguish facts (verifiably true past events) from inferences (guesses, hypotheses, hunches), and act on inferences with tentativeness and with mindfulness that they may turn out to be incorrect.
factual statement A statement made after observation and limited to what is observed. Opposed to inferential statement.
federal funds Funds in a bank’s reserve account.
feedback Information that is given back to the source. Feedback may come from the source’s own messages (as when we hear what we are saying) or may come from the receiver(s) in the form of applause, yawning, puzzled looks, questions, letters to the editor of a newspaper, increased or decreased subscriptions to a magazine, and so forth. Listen to both verbal and nonverbal feedback—from yourself and from others—and use these cues to help you adjust your messages for greatest effectiveness. See also negative feedback; positive feedback.
feedforward Information that is sent prior to a regular message telling the listener something about what is to follow. Preface your messages with some kind of feedforward when you feel your listener needs some background or when you want to ease into a particular topic, such as bad news.
feminine culture A cultural orientation characterized by a concern for relationships and the quality of life. Opposed to masculine culture.
financial assets Financial assets such as stocks and bonds are claims to the income generated by real assets or claims on income from the government.
financial intermediary An institution such as a bank, mutual fund, investment company, or insurance company that serves to connect the household and business sectors so households can invest and businesses can finance production.
fixed-income security A security such as a bond that pays a specified cash flow over a specific period.
frequency voiding more frequently than every 3 hours
fundamental attribution error The tendency to attribute a person’s behavior to the kind of person he or she is (to the person’s personality, perhaps) and to give too little importance to the situation the person is in. Avoid the fundamental attribution error by mindfully focusing on the possible influence of situational forces.
funds of funds Hedge funds that invest in several other hedge funds.
futures contract Obliges traders to purchase or sell an asset at an agreed-upon price on a specified future date. The long position is held by the trader who commits to purchase. The short position is held by the trader who commits to sell. Futures differ from forward contracts in their standardization, exchange trading, margin requirements, and daily settling (marking to market).
fact–inference confusion A misevaluation in which a person makes an inference, regards it as a fact, and acts upon it as if it were a fact. Distinguish facts (verifiably true past events) from inferences (guesses, hypotheses, hunches), and act on inferences with tentativeness and with mindfulness that they may turn out to be incorrect.
factual statement A statement made after observation and limited to what is observed. Opposed to inferential statement.
federal funds Funds in a bank’s reserve account.
feedback Information that is given back to the source. Feedback may come from the source’s own messages (as when we hear what we are saying) or may come from the receiver(s) in the form of applause, yawning, puzzled looks, questions, letters to the editor of a newspaper, increased or decreased subscriptions to a magazine, and so forth. Listen to both verbal and nonverbal feedback—from yourself and from others—and use these cues to help you adjust your messages for greatest effectiveness. See also negative feedback; positive feedback.
feedforward Information that is sent prior to a regular message telling the listener something about what is to follow. Preface your messages with some kind of feedforward when you feel your listener needs some background or when you want to ease into a particular topic, such as bad news.
feminine culture A cultural orientation characterized by a concern for relationships and the quality of life. Opposed to masculine culture.
financial assets Financial assets such as stocks and bonds are claims to the income generated by real assets or claims on income from the government.
financial intermediary An institution such as a bank, mutual fund, investment company, or insurance company that serves to connect the household and business sectors so households can invest and businesses can finance production.
fixed-income security A security such as a bond that pays a specified cash flow over a specific period.
frequency voiding more frequently than every 3 hours
fundamental attribution error The tendency to attribute a person’s behavior to the kind of person he or she is (to the person’s personality, perhaps) and to give too little importance to the situation the person is in. Avoid the fundamental attribution error by mindfully focusing on the possible influence of situational forces.
funds of funds Hedge funds that invest in several other hedge funds.
futures contract Obliges traders to purchase or sell an asset at an agreed-upon price on a specified future date. The long position is held by the trader who commits to purchase. The short position is held by the trader who commits to sell. Futures differ from forward contracts in their standardization, exchange trading, margin requirements, and daily settling (marking to market).
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